Never Lose Again

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LeMercenaire
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Re: Never Lose Again

Post by LeMercenaire »

PTG wrote:Even in a pile of dung there's the occasional surprise :smt108

Came across this surprise today https://www.forexfactory.com/showthread.php?t=638231

I like it.


Claudia would approve.
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PTG
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Re: Never Lose Again

Post by PTG »

LeMercenaire wrote:
PTG wrote:Even in a pile of dung there's the occasional surprise :smt108

Came across this surprise today https://www.forexfactory.com/showthread.php?t=638231

I like it.


Claudia would approve.


Had to think for a few secs whom you meant Lem but yeah I can imagine that, her being another surprise over there 8)

Which reminds me of the best trading advise according to someone (can't remember who that was): stay away from forums :smt116 :smt043
There's no business like [strike]show[/strike] covid19 business.
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LeMercenaire
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Re: Never Lose Again

Post by LeMercenaire »

PTG wrote:
LeMercenaire wrote:
PTG wrote:Even in a pile of dung there's the occasional surprise :smt108

Came across this surprise today https://www.forexfactory.com/showthread.php?t=638231

I like it.


Claudia would approve.


Had to think for a few secs whom you meant Lem but yeah I can imagine that, her being another surprise over there 8)

Which reminds me of the best trading advise according to someone (can't remember who that was): stay away from forums :smt116 :smt043


I know. Full of right dodgy geezers.

Claudia is doing more and more of the break from contraction (just a variant on a long-running theme obviously), with the addition of some personal touches.

MO summed up the simplest approach to me, not long after I joined Kreslik: Find a bunch of opens and closes and trade away from them.

Golden.
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TheRumpledOne
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Re: Never Lose Again

Post by TheRumpledOne »

PTG wrote:
Which reminds me of the best trading advise according to someone (can't remember who that was): stay away from forums :smt116 :smt043


Not bad advice... :lol:
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.
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Re: Never Lose Again

Post by PTG »

TheRumpledOne wrote:
PTG wrote:
Which reminds me of the best trading advise according to someone (can't remember who that was): stay away from forums :smt116 :smt043


Not bad advice... :lol:


Except this one (every now and then :mrgreen: )
Rules, exceptions and all that.
There's no business like [strike]show[/strike] covid19 business.
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Re: Never Lose Again

Post by TheRumpledOne »

LeMercenaire wrote:
PTG wrote:
LeMercenaire wrote:
Claudia would approve.


Had to think for a few secs whom you meant Lem but yeah I can imagine that, her being another surprise over there 8)

Which reminds me of the best trading advise according to someone (can't remember who that was): stay away from forums :smt116 :smt043


I know. Full of right dodgy geezers.

Claudia is doing more and more of the break from contraction (just a variant on a long-running theme obviously), with the addition of some personal touches.

MO summed up the simplest approach to me, not long after I joined Kreslik: Find a bunch of opens and closes and trade away from them.

Golden.


That's called THE BUY ZONE!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.
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IgazI
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Re: Never Lose Again

Post by IgazI »

TheRumpledOne wrote:
That's called THE BUY ZONE!


Creating a zone around the open (a single price) and trading when price breaks it is called the Buy-zone; looking for multiple closing prices, and wicks, in an area to determine price levels from which to trade away from is a completely separate idea.

Similarly, the Wick-zone is not the Buy-zone even though the entry is taken on or on either side of an open.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
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Re: Never Lose Again

Post by TheRumpledOne »

IgazI wrote:
TheRumpledOne wrote:
That's called THE BUY ZONE!


Creating a zone around the open (a single price) and trading when price breaks it is called the Buy-zone; looking for multiple closing prices, and wicks, in an area to determine price levels from which to trade away from is a completely separate idea.

Similarly, the Wick-zone is not the Buy-zone even though the entry is taken on or on either side of an open.


MO summed up the simplest approach to me, not long after I joined Kreslik: Find a bunch of opens and closes and trade away from them.

IgazI, I am the inventor of the Buy Zone and the Wick Zone, the Rat Zone, HOLO Zone, and ATR Zone.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.
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IgazI
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Re: Never Lose Again

Post by IgazI »

TheRumpledOne wrote:
MO summed up the simplest approach to me, not long after I joined Kreslik: Find a bunch of opens and closes and trade away from them.

IgazI, I am the inventor of the Buy Zone and the Wick Zone, the Rat Zone, HOLO Zone, and ATR Zone.


That's nice to know, but I fail to see what that has to do with what was quoted...
when someone 'sums up' something they are pulling information from one or more sources and compiling it; they are not claiming to be
the originators of that information.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
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LeMercenaire
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Re: Never Lose Again

Post by LeMercenaire »

Guys, things are getting tied in knots here, all from a harmless quote by myself.

I have to say, that TRO, I think you have simply misread what was said, as MO did not describe the Buy Zone.

Now, that's probably because I should have used the word ''grouping'', meaning a collection of, rather than ''bunch'', which could be seen to mean a number of separate single entities.

TRO, your Buy Zone is a move away from a single Open.

MO was not describing that - instead, he meant that we waited for a grouping of consecutive opens / closes (on any time-frame and not the Daily Open) that were all around the same level - ie contraction - and trading away from them. This is not the Buy Zone.

He also was never claiming ownership, this was simply a casual conversation about how you can simplify things in trading and he used that as an example.
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